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Avalon Advanced Materials Inc. is a Canadian advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. The Company, through its joint venture with SCR-Sibelco NV, is currently developing its Separation Rapids lithium deposit near Kenora, ON, while also advancing the Snowbank lithium and Lilypad lithium-caesium projects. Avalon is also working on developing its Nechalacho rare earths and zirconium project in the Northwest Territories, containing critical minerals for advanced technologies in various industries. Furthermore, Avalon is executing a key initiative to develop Ontario's first midstream lithium hydroxide processing facility in Thunder Bay, ON.
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Avalon Advanced Materials appoints Timothy Haig to its Board of Directors. Haig brings expertise in clean energy development and experience in renewable fuel technologies. Avalon aims to build Ontario's first vertically integrated lithium supply chain.
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Avalon Advanced Materials Inc. has entered into an expanded partnership agreement with Metso Corporation to advance the construction of a lithium processing facility in Thunder Bay, Ontario. The partnership will also involve the co-development of a Technology & Innovation Centre.
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Avalon Advanced Materials hosts government officials for a tour of their lithium processing site in Thunder Bay, Ontario.
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Avalon Advanced Materials announces new drilling program at Separation Rapids lithium deposit in Ontario, aiming to upgrade resources and increase total lithium resource available. Capital budget of C$3.6M. Joint venture with Sibelco progressing towards definitive agreement. Mineral Resource Estimate revealed 20% increase in lithium resources. Avalon also acquired Strathcona property for lithium hydroxide conversion facility.
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Avalon Advanced Materials announces addition of two new directors with expertise in international capital markets and resource development. These appointments will support the Company's growth agenda, including building a lithium processing facility in Ontario. Recent Mineral Resource Estimate shows a 20% increase in lithium deposits. Avalon is also working on a technology partnership and seeking drill permit applications for rare earths and zirconium project.
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FAQ
What is the current stock price of AVALON ADVANCED MATERIALS (AVLNF)?
The current stock price of AVALON ADVANCED MATERIALS (AVLNF) is $0.0205 as of January 28, 2025.
What is the market cap of AVALON ADVANCED MATERIALS (AVLNF)?
The market cap of AVALON ADVANCED MATERIALS (AVLNF) is approximately 12.3M.
What is Avalon Advanced Materials Inc. focused on?
Avalon Advanced Materials Inc. is focused on vertically integrating the Ontario lithium supply chain, with projects in Separation Rapids, Snowbank, and Lilypad, as well as developing rare earths and zirconium deposits.
What key initiative is Avalon executing currently?
Avalon is working on developing Ontario's first midstream lithium hydroxide processing facility in Thunder Bay, ON, bridging the lithium resources of the north with the EV battery manufacturing base in the south.
Where is Avalon's Nechalacho rare earths and zirconium project located?
Avalon's Nechalacho rare earths and zirconium project is located in the Northwest Territories.
What critical minerals does Avalon's Nechalacho project contain?
The Nechalacho project contains critical minerals for use in advanced technologies in various industries such as communications and defense.
With whom is Avalon collaborating in its lithium supply chain projects?
Avalon is currently collaborating with SCR-Sibelco NV for its lithium supply chain projects.
AVALON ADVANCED MATERIALS
OTC:AVLNF
AVLNF Rankings
AVLNF Stock Data
12.34M
383.38M
19.05%
0.01%
0.41%
Other Industrial Metals & Mining
Basic Materials
United States of America
Toronto